Posted by Chris Curtin on August 14, 2015 in Factoring | Comments Off on Protecting Your Business from Future Uncertainty

Understanding the market trends of the future will mean success or failure for your business. It is easier to sell into an expanding marketplace than a contracting one. Think to outsource vs buggy whips and how much the economy has changed in the last fifteen years. Fifteen years ago a positive mention in PC Magazine helped propel Google, housing prices were soaring and Lehman Brothers were business as usual. Ten years ago, people were unsuccessfully predicting the rise of eBay drop-off stores and $200/barrel oil. Five years ago who had heard of Uber? Sales success is derived from a little luck, being nimble and a decent understanding of what products and services consumers, companies and governments will need. This knowledge helps you make crucial decisions for your business and family. Do you want to know where to build your resources and network? Here are a few good bets on industries to focus on over the next decade: Wood, Cement & Building Product Importing and Manufacturing – Housing prices are rebounding and people are building again. Construction spending is going up and government must deal with a crumbling infrastructure. Computer System Design – The US and the world as a whole continue to race towards a fully autonomous digital world. Outsourcing & Staffing – Technology cannot solve everything and large corporations and government entities do not want to add the legacy costs of full-time employees. Companies and governments of all sizes urgently need staff for IT, healthcare, warehousing, security, clerical, maintenance services and janitorial. 3-D Printing – This emerging technology has the potential to transform traditional manufacturing, from textiles to breakthrough medical innovations. Wine Industry – An aging US population loves its wine and is the number one buyer across all price points. 100 million Americans are now wine drinkers. Factoring clients and brokers can take advantage of Paragon Financial’s forward-thinking culture and deep industry knowledge. Do you have a question about a specific industry and the trends that lie ahead? Are you worried about the unknown and protecting your family and business from future shifts in the economy? Need help protecting your business? Apply Securely, call 888-400-5931 ext 1 or email us. Money When Your Business Needs It...

Founded in 1994, Paragon offers Fast Growing Labor, Guard, IT & Staffing Companies an alternative to bank financing. When banks either WILL NOT loan or offer TOO LITTLE funds, Paragon promptly supplies a steady stream of cash through Invoice Factoring. Our Programs Invoice Factoring, Accounts Receivables Financing & Credit Protection 90% Advance Rates with Online Invoice Submission, Reporting and D&B Reports The Famous Paragon “Soft Touch” with your Clients Paragon can move Quickly on New Client or High Growth Client Approval versus slow Bank Underwriting. Optional Back Office services are also available. Target Clients Startups, Turnarounds, Bank Exiting and Non or Under-Bankable Relationships Personal Credit of Owner is not an issue; we look at your customer’s ability to pay Fast Growing Client with sales of $25,000-$3,000,000 per month Companies Looking for Payroll Financing Paragon can fund with Client Concentration & Tax Issues! Staffing Companies for All Industries in All 50 States What is needed to get started? A Simple One-Page Application! For 22 years, Paragon Financial Group has provided working capital solutions for growing and non or under-bankable companies throughout the United States. For fast funding or more information, please contact Chris Curtin, National Sales Manager at helpdesk@ParagonFinancial.net, 561-758-6285 (cellular) or toll-free 888-400-5931. Get fast working capital for your Staffing Company today! Apply Securely, call 888-400-5931 ext 1 or email us. Money When Your Business Needs It...

Paragon Financial has provided a $600,000 AR financing line of credit to an IT staffing agency in Pittsburg, PA. Get the Cash you need Today IT Staffing, Pittsburgh, PA, AR Financing Apply Now Money When Your Business Needs It...

SITUATION Tax Problems Challenge South Carolina IT Consulting Company A South Carolina company provides IT consulting to large banks such as Wells Fargo providing services for recruiting, background screening, payroll processing and insurance and tax issues. Originally coming to Paragon Financial through a broker affiliate, they developed a strong relationship with Paragon providing a factoring line of credit for multiple years. During this time the IT consulting company lost a major contract and ran into unresolvable tax issues needing to close its doors. THE SOLUTION Several years later this serial entrepreneur started another IT consulting company. They were able to, again, secure large contracts with Wells Fargo and other big banks. They worked through their tax issues and reestablished themselves as a viable and profitable business. They came back to Paragon Financial providing them with the ongoing cash flow they needed through a factoring line of credit. RESULT Still getting paid 30-60 days out from Wells Fargo and others they were able to gain leverage Paragon’s factoring line of credit to keep their working capital at healthy levels. “We were happy to see a former client get back in the game and get up and running again. Tax problems can easily derail a company if they get behind. It’s always a compliment when a former client starts a new business and thinks of Paragon for their capital needs. It tells me were doing business the right way and our clients appreciate our efforts.” says Michael Rossi, Paragon Financial President. Get the Cash you need Today IT Consulting, South Carolina, Receivable Financing Apply Now Money When Your Business Needs It...